After a long delay, the 2021 assessment appeal process of the Cook County Board of Review has concluded and the second-installment 2021 tax bills are ready to be issued. The Cook County Treasurer’s Office posted the bill information on their website and will mail it by December 1. The deadline for payment is December 30.
The 2021 equalized tax rate (state equalizer multiplied by the tax rate) for property in the City of Chicago, which was reassessed during 2021, decreased approximately 9.7% from 2020. This will offset the large assessment increases applied to non-residential properties during 2021.
We strongly encourage you to log in to review your tax bill as soon as possible. The experts at Ryan are available to answer questions.
Learn More About Our Cook County Experts
TECHNICAL INFORMATION CONTACT:
Shawn King
Principal
Ryan
312.980.1127
shawn.king@ryan.com
The material presented in this communication is intended to provide general information only and should solely be seen as broad guidance and not directed to the particular facts or circumstances of any individual who may read this publication. No liability is accepted for acts or omissions taken in reliance upon the content of this piece. Before taking (or not taking) any action, readers should seek professional advice specific to their situation from Ryan, LLC or other tax professionals. For additional information about this topic, please contact us at info@ryan.com.
- Topics
- Shawn M. King
- Property Tax
- Illinois